LFC's Anfield stadium _460
The ECHO understands that £12m of this was used towards player acquisitions while the bulk of it was provided according to the refinancing agreement secured with the Royal Bank of Scotland in February 2007.
Hicks and Gillett are due to refinance again next month but sources indicate they are likely to be given a six-month extension to their current loan arrangement.
Meanwhile, Liverpool have stepped up their search for a replacement for outgoing chief executive Rick Parry.
Recruitment specialists Odgers Berndtson have been appointed to head hunt Parry’s successor and they have now placed an advertisement on their official website as they look for the right person to fill the role.
According to the advert, a "significant package" is available to the successful candidate as Hicks and Gillett look for someone who can "give outstanding leadership and clear direction to the club through its next phase of development, ensuring it performs exceptionally both on and off the field".
